ADXVMA on Investor/RT

Big Mike · (login for full post details)

I'm working with Chad (he is doing all heavy lifting) on recreating the ADXVMA for IRT.

Wanted to create this thread so we can open it up for discussion and make sure we got it right

Mike

LS Chad · (login for full post details)

Thanks Mike. I've made some progress on this. Let me know what symbol and periodicity (rangebar) you'd like me to post and we can take a look at a few examples. I'm using a period of 14 in the chart below on 4 tick ($1) rangebars of ES.

Chad

LS Chad · (login for full post details)

Here's another look using colors you posted in another thread on ADXVMA.

Big Mike · (login for full post details)

Here is 6E on a 6 range today. ADXVMA setting of 5.

Mike

Big Mike · (login for full post details)

LS Chad

Here's another look using colors you posted in another thread on ADXVMA.

What is the setting? 5?

Mike

LS Chad · (login for full post details)

Getting close. I'm still not sure why you now have stepped lines as opposed to the three-colored line format used in this thread. Did the code for this change since that post?

Big Mike · (login for full post details)

LS Chad

Getting close. I'm still not sure why you now have stepped lines as opposed to the three-colored line format used in this thread. Did the code for this change since that post?

Attachment 37878

The way I use it is set rising and falling plots to transparent or disabled, and only use the flat plot.

Mike

Big Mike · (login for full post details)

Big Mike

The way I use it is set rising and falling plots to transparent or disabled, and only use the flat plot.

Mike

I should add - that I then use that remaining plot for the bar color function. Above & Rising -> blue/solid, Above & Falling -> blue/hollow. Below & Falling -> red/solid, Below & Rising -> red/hollow.

This is just something I've used for a very long time and am accustomed to seeing this.

Mike

Trafford · (login for full post details)

LS Chad

Getting close. I'm still not sure why you now have stepped lines as opposed to the three-colored line format used in this thread. Did the code for this change since that post?

Attachment 37878

Chad,

Please can you supply IRT definition for this chart - thanks

LS Chad · (login for full post details)

Trafford,

I'm doing this with a new built-in ADXVMA indicator that will be in version 10.4. It's not currently available so sharing the definition will do no good. Should be available in next week or two. If you're looking for any specific options in this indicator, let me know now.

Mike,

I think I understand what's behind the stepped lines now. I'll post some more charts later this morning.

Chad

Serger · (login for full post details)

Hello Mike and all
What have we changed in the Adxvma Big Mike Multichart to paint the bars ..
(same as Ninja.....)
somebody you it can help me with this ..
Thank you in advance
Serger

LS Chad · (login for full post details)

Mike,

Could you share some chart images with the rising and falling plots turned on as well as the flat plots? I'd like to see both on the same chart. Also, if you could share maybe 1-min or 5-min charts, that might make it more likely we're comparing apples to apples.

I assume when you say you're using a period of 5, that is the period used for the WeightDM, WeightDI, WeightDX, and the ChandeEMA in the original formula you posted. All 4 are set to 5.

Thanks,
Chad

Big Mike · (login for full post details)

LS Chad

Mike,

Could you share some chart images with the rising and falling plots turned on as well as the flat plots? I'd like to see both on the same chart. Also, if you could share maybe 1-min or 5-min charts, that might make it more likely we're comparing apples to apples.

I assume when you say you're using a period of 5, that is the period used for the WeightDM, WeightDI, WeightDX, and the ChandeEMA in the original formula you posted. All 4 are set to 5.

Thanks,
Chad

I'll get back to you on charts, but there is only one input variable not 4.

Mike

Big Mike · (login for full post details)

Short video attached.

Mike

Big Mike · (login for full post details)

Big Mike

Short video attached.

Mike

My bad, my video didn't answer any of your questions. Trying again.

Mike

LS Chad · (login for full post details)

I'm still working on it Mike. I've tripled checked that my code replicates the logic in this thread, but they are still not matching the charts you displayed in your video. Below is my 6 tick range chart for the Euro for today. I'll keep at it. Something is not lining up and I'm assuming it's on my end but I can't figure it out. Once I figure out the difference in the underlying logic, making it do the other things you're after won't be a problem.

Big Mike · (login for full post details)

LS Chad

I'm still working on it Mike. I've tripled checked that my code replicates the logic in this thread, but they are still not matching the charts you displayed in your video. Below is my 6 tick range chart for the Euro for today. I'll keep at it. Something is not lining up and I'm assuming it's on my end but I can't figure it out. Once I figure out the difference in the underlying logic, making it do the other things you're after won't be a problem.

Attachment 38049

What setting are you using for the length so I can load a chart over here.

I wonder if the problem is your inputs, because you had mentioned multiple inputs before - it should have just one, everything else starts as 0 and is calc'd in the script.

Might check the C# version I sent you too, for a different angle on it.

Don't devote too many resources to this, I know your busy and it's low priority.

Mike

LS Chad · (login for full post details)

I'm using a period of 5 for the chart I just shared. Yes, there is just one input, but it's used for 4 different variables in the code:

WeightDM(Length),
WeightDI(Length),
WeightDX(Length),
ChandeEMA(Length),

capricorn77 · (login for full post details)

LS Chad

I'm still working on it Mike. I've tripled checked that my code replicates the logic in this ___, but they are still not matching the charts you displayed in your video. Below is my 6 tick range chart for the Euro for today. I'll keep at it. Something is not lining up and I'm assuming it's on my end but I can't figure it out. Once I figure out the difference in the underlying logic, making it do the other things you're after won't be a problem.

Attachment 38049

so, what is the update on adxvma?

cheers

capricorn77 · (login for full post details)

LS Chad

I'm using a period of 5 for the chart I just shared. Yes, there is just one input, but it's used for 4 different variables in the code:

WeightDM(Length),
WeightDI(Length),
WeightDX(Length),
ChandeEMA(Length),

By the way, I don't see the stochastic length parameter in the list that you posted.

As far as I know, and I know because I have my own adxvma for amibroker, the parameters are

1) adx periods
Note: dmi periods and smoothing periods may be 2 different parameters if one wishes
2) stochastic periods
3) ema periods

you may use the same number for dmi_periods and the smoothing periods but the stochastic periods need to be a different parameter. The same for the ema periods.

For example for a fast adxvma line, one may use dmi_periods 3, stochastic periods 2 and ema periods 4.

capricorn77 · (login for full post details)

capricorn77

the parameters are

1) adx periods
Note: dmi periods and smoothing periods may be 2 different parameters if one wishes
2) stochastic periods
3) ema periods

the original adx uses Wilder's smoothing. In order to have better parameter resolution and the ability for fast adxvma lines (if one wants to use them), ema smoothing should be used for the adx computations.

Since

wilders(variable, wilders_periods) = ema(variable, 2*wilders_periods -1);

if one insists on using wilders smoothing, then the parameter wilders_periods should be allowed to take 0.5 increments

cheers

ADXVMA on Investor/RT

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